Phenols; Phenol-Alcohols Price in Iran - 2022

Contents:

  1. Phenols; Phenol-Alcohols Price in Iran (CIF) - 2022
  2. Phenols; Phenol-Alcohols Price in Iran (FOB) - 2022
  3. Phenols; Phenol-Alcohols Imports in Iran
  4. Phenols; Phenol-Alcohols Exports in Iran

Phenols; Phenol-Alcohols Price in Iran (CIF) - 2022

The average phenols; phenol-alcohols import price stood at $1,747 per ton in 2022, waning by -5.4% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $2,498 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,405 per ton), while the price for Taiwan (Chinese) ($1,318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Phenols; Phenol-Alcohols Price in Iran (FOB) - 2022

The average phenols; phenol-alcohols export price stood at $1,618 per ton in 2022, increasing by 8.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 22%. As a result, the export price attained the peak level of $2,008 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,187 per ton), while the average price for exports to Uzbekistan ($175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Phenols; Phenol-Alcohols Imports in Iran

In 2022, purchases abroad of phenols; phenol-alcoholses was finally on the rise to reach 15K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt slump.

In value terms, phenols; phenol-alcohols imports skyrocketed to $26M in 2022. In general, imports, however, faced a dramatic slump.

Import of Phenols; Phenol-Alcohols in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)18.515.22.98.3-23.4%
India9.26.21.07.4-7.0%
South Korea0.63.51.02.969.1%
United Arab Emirates8.25.01.62.5-32.7%
China9.58.90.61.7-43.6%
ThailandN/A2.1N/AN/A0%
Others5.62.70.92.9-19.7%
Total51.743.68.125.8-20.7%

Top Suppliers of Phenols; Phenol-Alcohols to Iran in 2022:

  1. Taiwan (Chinese) (6.3K tons)
  2. India (4.1K tons)
  3. South Korea (2.2K tons)
  4. United Arab Emirates (1.4K tons)
  5. China (0.4K tons)

Phenols; Phenol-Alcohols Exports in Iran

In 2022, shipments abroad of phenols; phenol-alcoholses was finally on the rise to reach 19 tons after two years of decline. Overall, exports, however, recorded a abrupt decrease.

In value terms, phenols; phenol-alcohols exports surged to $31K in 2022. Over the period under review, exports, however, faced a deep contraction.

Export of Phenols; Phenol-Alcohols in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India48.933.724.628.6-16.4%
Iraq1.61.81.31.4-4.4%
TurkeyN/AN/AN/A0.60%
Afghanistan0.20.20.10.1-20.6%
Uzbekistan0.20.10.10.1-20.6%
TurkmenistanN/AN/A0.1N/A0%
OthersN/AN/AN/AN/A0%
Total51.035.826.130.9-15.4%

Top Export Markets for Phenols; Phenol-Alcohols from Iran in 2022:

  1. India (13.1 tons)
  2. Iraq (2.9 tons)
  3. Turkey (2.0 tons)
  4. Afghanistan (0.5 tons)
  5. Uzbekistan (0.5 tons)

Source: IndexBox Market Intelligence Platform

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